Forex Daily Forecasts - Monday, Oct 8th

From: Max McKegg - Technical Research Limited
Date: Oct 8, 2007 11:19 AM
Subject: My LATEST FX Forecasts for OCTOBER 8th
To: TRL

To View Forecasts in PDF Form, Click on Attachment

My FX Forecasts for MONDAY - OCTOBER 8th

. ** EURO/US DOLLAR - MEDIUM TERM VIEW **
September 24th,1.4090 - Euro's Uptrend developing nicely and Support now
at 1.4050/1.4000 for the next advance toward 1.4570 - enroute to 1.5000+
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*** ** SUPPORTS ** *** *EURO/USD DAILY VIEW* OCT.8th, 1.4135
Support /4115/4100/4085/ Euro's completed correction & Support now
** *** RESISTANCES *** ** around the 1.4100 level for a resumption
Resistance /4160/4200/4245/ of Uptrend onto 1.4200 enroute to 1.4280+
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. *EUROPEAN UPDATE* October 8th, 1.4135
Will use any reaction to around 1.4100 to Buy (with a Stop under 1.4060)
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. ** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **
September 24th,2.0210 - Sterlings Uptrend remains in force & support now
found at 2.0150/2.0075 for the next advance onto 2.0650,enroute 2.1000+
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*** ** SUPPORTS ** *** *GBP/USD DAILY VIEW* OCT.8th, 2.0420
Support /0400/0365/0340/ Sterlings rallied nicely & Support is now
** *** RESISTANCES *** ** about 2.0400,the mid 2.0300's max.for the
Resistance /0445/0495/0550/ resumption of Uptrend toward 2.0650 level
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. *EUROPEAN UPDATE* October 8th, 2.0425
Will use any reaction toward 2.0370 to Buy Today,with Stop under 2.0330.
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. ** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
SEPT.24th,1.1725 - Dollar's sold-off well & resistance now around 1.1800
for the resumption of Downtrend toward 1.1350 & 1.1000 over coming weeks
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*** ** SUPPORTS ** *** *USD/SWISS DAILY VIEW* OCT.8th, 1.1780
Support /1760/1740/1715/ Dollar has probably completed correction &
** *** RESISTANCES *** ** resistance at 1.1800-1830 now contains for
Resistance /1800/1820/1855/ resumption of Downtrend to 1.1715 & 1.1620
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. *EUROPEAN UPDATE* October 8th, 1.1780
Looking to Sell 1.1800-1820 (Stop above 1.1850) for 1.1715,enroute 1620.
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. ** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **
September 27th,115.45 - Dollar's consolidation persists & whilst holding
Support at 114.00 yields advance beyond Key 116.40 toward the 120.00 lvl
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*** ** SUPPORTS ** *** *USD/YEN DAILY VIEW* OCT.8th, 116.90
Support /1690/1665/1630/ Dollar found Suport about 116.30 target &
** *** RESISTANCES *** ** rallied nicely.Looking for this recovery
Resistance /1730/1770/1800/ to extend toward my next target of 117.70
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. *EUROPEAN UPDATE* October 8th, 117.15
Support now at 116.90/116.65 to extend the Dollar's advance onto 117.70.
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. ** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
September 24th,.8675 - Ozzys Uptrend developing well & Support now about
the 8600 level for advance onto .9130,enroute to 9500 over coming months
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*** ** SUPPORTS ** *** *AUD/USD DAILY VIEW* OCT.8th, .8990
Support /8990/8965/8940/ Ozzy has rallied nicely to my 9000 target
** *** RESISTANCES *** ** & support is now .8980/.8965 extending
Resistance /9035/9065/9100/ Uptrend toward my next target about .9130
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. *EUROPEAN UPDATE* October 8th, .9010
Support now about .8990,.8965 max.for rally toward .9065,enroute to 9130
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. ** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
September 24th,.7435 - Kiwis Uptrend developing well & Support now about
the mid 7300's for advance toward .7730,enroute .8100 over coming months
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*** ** SUPPORTS ** *** *NZD/USD DAILY VIEW* OCT.8th, .7620
Support /7635/7620/7600/ Kiwi has rallied nicely & with Suport now
** *** RESISTANCES *** ** around the 7600 level looking for Uptrend
Resistance /7670/7700/7730/ to extend onto .7670 enroute the 7730 lvl
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. *EUROPEAN UPDATE* October 8th, .7650
Rallying well.Support now about .7635/7620,extending Uptrend toward 7730
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Disclaimer: Max McKegg & Technical Research Ltd accept no liability
for any loss or damage that may directly or indirectly result from
any advice, opinion, information or omission whether negligent or
otherwise, contained in this report.